In a recent update to their legal filings against Binance, the SEC has expanded its claims to include more cryptocurrency tokens, including popular gaming platform Axie Infinity (AXS), decentralized storage network Filecoin (FIL), and Cosmos protocol (ATOM). This move aims to highlight that these tokens are considered securities when traded on Binance's platform, necessitating registration and compliance with relevant laws and regulations. The SEC accuses Binance and its US subsidiary, BAM Trading, of facilitating trades in unregistered security tokens and notes that Binance actively promoted these new-identified security tokens to users, emphasizing their investment potential and return prospects. This action reflects the SEC's determination to strengthen regulation in the crypto market to protect investors from potential market manipulation and fraud. As the crypto market continues to evolve, this event serves as a reminder for investors and trading platforms to adhere to legal frameworks. It also underscores the regulatory challenges and adjustments faced by authorities in dealing with emerging financial instruments.